Shares of Avenue Supermarts, which owns and operates retail chain D-Mart, hit a new high of Rs 5,899.90 as they rallied 11 per cent on the BSE in Monday’s intra-day trade following its quarterly results. The company on Saturday reported a twofold increase in its consolidated net profit at Rs 417.76 crore for the second quarter ended September 2021 (Q2FY22). The company had posted a net profit of Rs 198.53 crore in Q2FY21.

In the past seven trading days, the stock has zoomed 40 per cent from the level of Rs 4,219 touched on October 6, 2021.

Ten gram of 24-carat gold was on Monday selling at Rs 48,070, unchanged from yesterday’s trading price. Silver was at Rs 63,360 per kg, according to the Good Returns website.

Gold jewellery price varies across India, the second-largest consumer of the metal, due to excise duty, state taxes, and making charges.

Pine Labs, a leading merchant commerce platform, launched Plural on Thursday, marking its entry into the online payments space. Backed by years of strong technological capabilities, the company said it now aims to reinvent the space through a suite of online payment products focused on speed, security, and user experience.

The firm said Plural is expected to disrupt the payments gateway space and make the offline-to-online transition easier for Pine Labs’ merchant base and other online businesses looking to tie-up with a company with a good track record in the payments ecosystem.

IT major TCS will encourage employees to join offices by the end of calendar year 2021.

At present, about 5 per cent of the IT major's associates are working from offices.

Towards the end of CY'21, we will encourage our associates to return to offices, at least initially, before we switch to the '25/25' model.

The Adani Group has taken over the operation, management and development of the international airport in Thiruvananthapuram, saying it is now a Gateway to Goodness.

Announcing the formal takeover of the airport, the business giant said in a tweet that it was privileged to serve and welcome passengers to God's Own Country.

Shares of IT firm Mindtree jumped nearly 12 per cent on Thursday after the company posted a 57.2 per cent increase in net profit for the second quarter ended September 2021.

The stock opened in the green and jumped 11.92 per cent to a 52-week high of Rs 4,883.40 on the BSE.

At the NSE, it zoomed 11.91 per cent to its 52-week high of Rs 4,884.

Shares of IT company Wipro on Thursday zoomed nearly 8 per cent after it posted a 17 per cent jump in consolidated net profit for the quarter ended on September 30, 2021.

The stock jumped 7.59 per cent to its 52-week high of Rs 723.65 on BSE.

On NSE, it gained 7.62 per cent to its 52-week high of Rs 723.90.

Ten gram of 24-carat gold was on Thursday selling at Rs 47,290 up by Rs 260 from trading yesterday. Silver was at Rs 62,100 per kg, according to the Good Returns website.

Gold jewellery price varies across India, the second-largest consumer of the metal, due to excise duty, state taxes, and making changes.

To oil its fast-paced expansion and the resultant expansion of its loan book, affordable segment-focused Shriram Housing Finance has secured an additional Rs 300 crore equity capital from the parent Shriram City Union Finance, taking its total equity capital to about Rs 1,100 crore.

The company has set a target of crossing Rs 5,600 crore of assets under management (AUM) target by March, as it had already crossed the Rs 4,000-crore mark in July and the new growth capital will help it expand the balance sheet faster.

Invesco said on Wednesday it facilitated talks between India's Reliance Industries and Zee Entertainment earlier this year on a possible merger, revealing for the first time that India's richest man, Mukesh Ambani, was interested in the television giant.

But the U.S. investment firm rejected allegations from Zee that it was using double standards in objecting to a merger of Zee and Sony Group's India unit with terms similar to those discussed with Reliance.

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